Housing Starts and Building Permits Exhibit New Found Strength

Housing Starts and Building Permits Exhibit New Found Strength

Total housing starts jumped 20.2% from March to April to hit an annualized pace of 1.14 million with single-family starts jumping by 16.7% to 733,000. Building permits rose 10.1% from March to April to reach 1.18 million. Of that figure, single-family permits accounted for 666,000 permits, an increase of 3.7% over March.

Read More

Previous Lusk Executive Forum - Orange County
Next Homebuilder Sentiment Dips in May

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Housing Market

Dying Shopping Malls Can Make Room for New Condos and Apartments

In the San Fernando Valley, there are plans to level a nearly vacant mall and replace it with some 1,400 homes, boutique retail space and a concert venue.

Housing Market

California Housing Crunch Prompts Push to Allow Building

By Chris Kirkham Marco Gonzalez spent more than a decade suing real-estate developers in California over housing proposals that would have spoiled wetlands and gutted hillsides. The environmental lawyer won

Housing Market

More 2015 Housing Market Predictions

In this article from Forbes, 11 factors that are likely to play into the housing market in 2015 are outlined. The bottom line – expect modest improvement in housing market